Overview
Description
The VanEck Morningstar Wide Moat Australian Dollar Hedged ETF is an exchange-traded fund designed to provide investors with exposure to companies possessing significant competitive advantages, commonly referred to as 'wide moats.' The fund aims to replicate, as closely as possible, the performance of the Morningstar® Australia Moat Focus Index SM (AUD Hedged), before fees and expenses. This ETF is unique in that it incorporates Australian dollar currency hedging to limit exposure to foreign exchange fluctuations, benefiting investors looking to maintain currency stability.
Targeting sectors with durable business models, the ETF invests in companies that are leaders in their respective fields and are expected to maintain their competitive advantages over time. It spans diverse industries, including technology, healthcare, retail, and financial services. With its focus on wide-moat companies, the VanEck Morningstar Wide Moat Australian Dollar Hedged ETF offers investors an opportunity to gain diversified equity exposure while mitigating currency risk. Its strategic composition makes it a significant player for those seeking to invest in robust businesses with enduring market positions within the global economy.
About
Address
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Phone
02 8038 3300
Website
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Instrument type
ETF
Country
Australia
MIC code
XASX